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20120930
20121008
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an invitation? libertarian presidential candidate, gary johnson of the he will join us here live. >>> plus an influential coal miners union says it won't endorse president obama's slamming the administration's war on coal. will this be a deciding factor in the election? >>> houses of millionaires collecting unemployment checks? does that make sense to you? even when they say it's not it is always about money. melissa: so here's look at the day's market headlines. spain's prime minister denying speculation that a spanish bailout request is imminent. stocks pared early session gains following the news and the dow closed down 32 points on the day. >>> a mixed picture for u.s. auto sales in september. chrysler posted a strong 12% year-over-year gain. general motors saw a tepid 1.5% advance and ford sales were basically flat. >>> shares of metropcs skyrocketed nearly 18%. deutsche telekom's t-mobile is reportedly in talks to merge with metropcs. >>> the big story all night and all day, the new york's attorney general hits jpmorgan with a civil lawsuit over mortgage-backed securities. it will be
gary johnson breaking down last night's debate and his plans for what he would do to reinvigorate the country. let's start with john. good to see you. the romney bump. is that going on here? >> absolutely. without a doubt. mitt romney put down a strong performance last night and a couple things are behind it. first of all, a solid understanding of business background and regulation en you see that being cheered by certain sectors. the financials standing out especially his comments regarding mortgage loans. there's also a sense that governor romney's success in massachusetts working with a legislature fell 85% democrat but being able to accomplish major things for massachusetts and it has been a number of years. someone suggested four years since we had bipartisan positives out of washington d.c.. given the governor's record the markets would certainly scheerer bipartisan reform as regards to taxes and the fiscal cliff. dave: that is a great point. the fact the we have not seen by partisanship like the president said we were going to see when he started this administration. let's
, johnson, nixon and bush, and so what. shore said of politicians are stealing the future for many people. john: what do you mean stealing the future? >> basically politicians of ron gant people of there future. they're required to put money into what amounts to a big ponzi scheme. it is a pyramid scheme. pay current recipients. social security, medicare, medicaid. they will get stuck for the bill. the unfunded liabilities are staggering. very conservative estimate. just the gap between what they're going to tax and what they're going to have to spend. john: no money in anybody's accounts. it's just a promise and there are more old people who expect to get our health care paid for. >> the so-called trust fund is an i/o you. it is in a file drawer in west virginia. it says i/o you. $80 trillion. john: these college students have to pay for it, and their just aren't enough of them because people my age wrigley refused to die. >> well, that is one way to look at it. but even setting aside the life span going up, the system was broke the date was established because it is a pay-as-you-go syst
Search Results 0 to 3 of about 4 (some duplicates have been removed)